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Sri Lanka president and PM at loggerheads over peace moves
Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace even though her prime minister has promised to ditch the plan if he succeeds her, an official said.Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace […]
July garment imports take a dip
Garment exports dropped two percent to US$ 263 million in July, ending a long growth standing streak due to higher costs and competition after the quote regime ended in 2004.Sector exports for the first seven months are however up 6.4 percent but analysts say stagnant prices and lower imports by the sector indicate further drops. […]
Dead Duck
The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South East Asia each September.The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South […]
Sri Lanka to support food aid flexibility at international trade talks.
Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks.Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks. With impending cuts on export subsidies due to increase food prices and food aid also under threat, Sri Lanka is putting its […]
Baggage Transfer
National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to erode profits this year.National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to […]
Pot Hole Ahead
George Bush is at fault I guarantee that the Mahinda Rajapakse (and perhaps Wimal Weerawansa) campaign will come up with some colourful economics arguments blaming everyone but themselves for the economic mess we are in today with inflation running almost at 15% as opposed to 1% in March 2004. George Bush is at fault I […]
Presidential Poll -2005
The Policy – agreement entered between the presidential candidate, Hon.Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 The Policy – agreement entered between the presidential candidate, Hon. Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 1 It is hereby […]
Marxists back Sri Lanka PM for presidency, say he agrees to redraft truce
Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after he promised to drop plans for a federal state, redraft a truce with Tamil Tiger rebels and scrap privatisation. Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after […]
We’re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]
Government getting closer to wrap up deal to sell Colombo Commercial Company property
Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take advantage of upfront payments from investors in addition to annual lease payments.Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take […]
Jump In
Top Indian banker and one of the most influential business people in the world according to Fortune magazine and the Wall Street Journal, Naina Kidwai, says the type of investment flows are a good indication about the level of confidence in coalition governments.Top Indian banker and one of the most influential business people in the […]
‘re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]